Nissan Motor Co. said it will hire at least 1,000 more workers and build Sentra small car at its Canton, Mississippi, plant as the Japanese carmaker expands North American production to help counter a strong yen.
Nissan Motor Co., Japan’s second- largest carmaker, will overcome a slowdown in deliveries of its all-electric Leaf vehicle, doubling U.S. sales to 20,000 during its current fiscal year, the vice chairman of its U.S. unit said.
Nissan Motor Co. said it plans to run three daily assembly shifts at U.S. plants building a revamped Altima, as the company tries to challenge Toyota Motor Corp.’s Camry, the top-selling U.S. passenger car.
Nissan Motor Co., the Asian carmaker with the biggest production capacity in Mexico, will spend as much as $2 billion on a third factory in the country as the yen’s strength drives the company out of Japan.
Honda Motor Co.’s choice to build what it calls a racing-oriented “supercar” in Ohio highlights confidence in its U.S. engineers and plants. It also shows the difficulty of producing autos in Japan as the yen rises.
Toyota Motor Corp., Asia’s biggest automaker, will use its North American plants as a bigger source of vehicle exports as a way to blunt the impact of the rising yen, said Yoshimi Inaba, chief operating officer for the region.